ThinkEquity Cuts RIM (RIMM) to Hold
Tweet
Share
E-mailGet Alerts RIMM Hot Sheet
Price: $14.64 +12.36%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
ThinkEquity's Mark McKechnie downgraded shares of Research In Motion Ltd. (NASDAQ: RIMM) following news the company's Co-CEO's Mike Lazaridis and Jim Balsillie will step down.
The analyst now rates RIM shares a Hold, down from Buy previously. The analyst boosted his price target on the stock from $16 to $18.
After trading up more than 4 percent following the news, RIM shares have just opened down more than 4.5 percent to around $16.22.
For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news on Research In Motion Ltd. click here.
The analyst now rates RIM shares a Hold, down from Buy previously. The analyst boosted his price target on the stock from $16 to $18.
After trading up more than 4 percent following the news, RIM shares have just opened down more than 4.5 percent to around $16.22.
For an analyst ratings summary and ratings history on Research In Motion Ltd. click here. For more ratings news on Research In Motion Ltd. click here.
Create E-mail Alert Related Categories
DowngradesRelated Entities
ThinkEquitySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
